ICP (Internet Computer) news summary — October 24, 2026

Price & Network Activity

ICP is trading in the ~$2.70–$2.90 range. Price has been soft (down roughly 8% over the past month), but on-chain metrics are improving:

- Median daily active addresses up ~35% to around 3,860.

- New addresses up ~45% compared with summer levels.

- Update transactions per second up ~58% year-over-year (averaging ~1,702 over the past 30 days).

This creates a divergence: growing network usage while the token price remains under pressure. Analysts are split — some see a bearish head-and-shoulders pattern with a potential target near $2.40, while others note a possible double bottom around the $2.00–$2.20 support zone.

Main Recent Story: DFINITY vs NEAR Dispute

DFINITY founder Dominic Williams publicly accused NEAR Protocol of using proprietary cryptography (related to threshold ECDSA / technology tied to DFINITY research or vetKeys) in **NEAR Intents** without permission. He has suggested the possibility of legal action and claimed relatively high odds of success. No lawsuit has been confirmed as filed so far, and NEAR’s public responses have been limited or focused on technical clarifications. This has been one of the more visible ICP-related headlines over the past couple of days.

Other Notable Developments (recent weeks)

- ChatGPT plugin for Internet Computer apps was launched — it lets AI agents read data and interact with participating on-chain ICP applications.

- Solana integration (ckSOL) went live, bringing 1:1 backed SOL liquidity into the ICP ecosystem without a traditional bridge.

- Cloud Engines plan continues to draw attention: the proposed model would direct 20% of certain enterprise revenue toward buying and burning ICP.

- A notable burn spike was reported on October 19 (~7,236 ICP burned in one day).

- Ecosystem activity continues (e.g., OpenChat bridging features, dashboard updates, and other dApp developments).